Luiz Felipe Eustaquio and Paula Magalhães

Demarest assist Hidrovias do Brasil in the private capital increase

Demarest represented Hidrovias do Brasil on the private capital increase of up to R$1.5 billion.

The proposal was approved by y the shareholders meeting held on Oct 1st to enable access to new investments, in an operation in which Ultrapar will exercise pre-emptive rights.

The capital increase will take place through the issue of new privately subscribed shares at a price of R$3.40, according to a material fact published by Hidrovias do Brasil.

Demarest relied on partners Paula Magalhaes (pictured right) and Luiz Felipe Eustaquio (pictured left); associates Nathalia Zalli and Victor Porfirio.

Amanda

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